Fifth Third Bank (5/3 Bank), the principal subsidiary of Fifth Third Bancorp is an American

bank holding company A bank holding company is a company that controls one or more banks, but does not necessarily engage in banking itself. The compound bancorp (''banc''/''bank'' + '' corp ration') is often used to refer to these companies as well. United States ...

headquartered in

Cincinnati, Ohio Cincinnati ( ) is a city in the U.S. state of Ohio and the county seat of Hamilton County. Settled in 1788, the city is located at the northern side of the confluence of the Licking and Ohio rivers, the latter of which marks the state line wit ...

. Fifth Third is one of the largest consumer banks in the

Midwestern United States The Midwestern United States, also referred to as the Midwest or the American Midwest, is one of four census regions of the United States Census Bureau (also known as "Region 2"). It occupies the northern central part of the United States. I ...

, Fifth Third Bank is incorporated in

Ohio Ohio () is a state in the Midwestern region of the United States. Of the fifty U.S. states, it is the 34th-largest by area, and with a population of nearly 11.8 million, is the seventh-most populous and tenth-most densely populated. The sta ...

. It was state-chartered until late 2019, when it obtained a national charter. Fifth Third's client base spans retail, small business, corporate, and investment clients. Fifth Third operates 1,100

branches A branch, sometimes called a ramus in botany, is a woody structural member connected to the central trunk of a tree (or sometimes a shrub). Large branches are known as boughs and small branches are known as twigs. The term ''twig'' usually ...

and 50,000

automated teller machine An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, fun ...

s which are in 11 states:

Florida Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, and to ...

Georgia Georgia most commonly refers to: * Georgia (country), a country in the Caucasus region of Eurasia * Georgia (U.S. state), a state in the Southeast United States Georgia may also refer to: Places Historical states and entities * Related to the ...

Illinois Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolita ...

Indiana Indiana () is a U.S. state in the Midwestern United States. It is the 38th-largest by area and the 17th-most populous of the 50 States. Its capital and largest city is Indianapolis. Indiana was admitted to the United States as the 19th s ...

Kentucky Kentucky ( , ), officially the Commonwealth of Kentucky, is a state in the Southeastern region of the United States and one of the states of the Upper South. It borders Illinois, Indiana, and Ohio to the north; West Virginia and Virginia to ...

Michigan Michigan () is a state in the Great Lakes region of the upper Midwestern United States. With a population of nearly 10.12 million and an area of nearly , Michigan is the 10th-largest state by population, the 11th-largest by area, and the ...

North Carolina North Carolina () is a state in the Southeastern region of the United States. The state is the 28th largest and 9th-most populous of the United States. It is bordered by Virginia to the north, the Atlantic Ocean to the east, Georgia and So ...

South Carolina )''Animis opibusque parati'' ( for, , Latin, Prepared in mind and resources, links=no) , anthem = " Carolina";" South Carolina On My Mind" , Former = Province of South Carolina , seat = Columbia , LargestCity = Charleston , LargestMetro = ...

Tennessee Tennessee ( , ), officially the State of Tennessee, is a landlocked state in the Southeastern region of the United States. Tennessee is the 36th-largest by area and the 15th-most populous of the 50 states. It is bordered by Kentucky to th ...

, and

West Virginia West Virginia is a state in the Appalachian, Mid-Atlantic and Southeastern regions of the United States.The Census Bureau and the Association of American Geographers classify West Virginia as part of the Southern United States while the Bur ...

The name "Fifth Third" is derived from the names of the bank's two predecessor companies, Third National Bank and Fifth National Bank, which merged in 1909. The company is ranked 415th on the

Fortune 500 The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along ...

. Fifth Third Bank is one of the largest banks in the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

History

Bank of the Ohio Valley

On June 17, 1858, the Bank of the Ohio Valley opened in

. On June 23, 1863, the Third National Bank was organized. On April 29, 1871, Third National Bank came into possession of Bank of the Ohio Valley and by 1882 the bank's capital was around $16 million, considered to be the largest bank capital in the state at the time. In 1888, Queen City National Bank changed its name to Fifth National Bank.

Merger of Third National Bank and Fifth National Bank

On June 1, 1908, Third National Bank and Fifth National Bank merged to become the Fifth-Third National Bank of Cincinnati; the hyphen was later dropped. The merger took place when

prohibition Prohibition is the act or practice of forbidding something by law; more particularly the term refers to the banning of the manufacture, storage (whether in barrels or in bottles), transportation, sale, possession, and consumption of alcoholic ...

ist ideas were gaining popularity, and it is a legend that "Fifth Third" was better than "Third Fifth", which could have been construed as a reference to three fifths of alcohol. The name went through several changes until March 24, 1969, when it was changed to Fifth Third Bank.

Current day operations

In November 2008, the

United States Department of the Treasury The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and t ...

invested $3.4 billion in the company as part of the

Troubled Asset Relief Program The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase toxic assets and equity from financial institutions to strengthen its financial sector that was passed by Congress and signed into law by President G ...

and in February 2011, the company repurchased the investment from the Treasury. For the year 2020 Fifth Third originated nearly 56,000 mortgages with a value of $10.6 billion. In January 2022, Fifth Third announced it had acquired the

San Francisco San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of Ca ...

-based residential solar power lender, Dividend Finance.

Notable corporate buildings

* Fifth Third Center in

Grand Rapids, Michigan Grand Rapids is a city and county seat of Kent County, Michigan, Kent County in the U.S. state of Michigan. At the 2020 United States census, 2020 census, the city had a population of 198,917 which ranks it as the List of municipalities in Mi ...

* Fifth Third Center in

Charlotte, North Carolina Charlotte ( ) is the most populous city in the U.S. state of North Carolina. Located in the Piedmont region, it is the county seat of Mecklenburg County. The population was 874,579 at the 2020 census, making Charlotte the 16th-most populo ...

‎ * Fifth Third Center in

* Fifth Third Center in

Cleveland, Ohio Cleveland ( ), officially the City of Cleveland, is a city in the U.S. state of Ohio and the county seat of Cuyahoga County. Located in the northeastern part of the state, it is situated along the southern shore of Lake Erie, across the U.S. ...

* Fifth Third Center in

Columbus, Ohio Columbus () is the state capital and the most populous city in the U.S. state of Ohio. With a 2020 census population of 905,748, it is the 14th-most populous city in the U.S., the second-most populous city in the Midwest, after Chicago, and t ...

* Fifth Third Center at One SeaGate in

Toledo, Ohio Toledo ( ) is a city in and the county seat of Lucas County, Ohio, United States. A major Midwestern United States port city, Toledo is the fourth-most populous city in the state of Ohio, after Columbus, Cleveland, and Cincinnati, and according ...

* Fifth Third Center in

Dayton, Ohio Dayton () is the sixth-largest city in the U.S. state of Ohio and the county seat of Montgomery County. A small part of the city extends into Greene County. The 2020 U.S. census estimate put the city population at 137,644, while Greater Day ...

* Fifth Third Center in

Nashville, Tennessee Nashville is the capital city of the U.S. state of Tennessee and the county seat, seat of Davidson County, Tennessee, Davidson County. With a population of 689,447 at the 2020 United States census, 2020 U.S. census, Nashville is the List of muni ...

* Fifth Third Center in

Tampa, Florida Tampa () is a city on the Gulf Coast of the United States, Gulf Coast of the U.S. state of Florida. The city's borders include the north shore of Tampa Bay and the east shore of Old Tampa Bay. Tampa is the largest city in the Tampa Bay area and ...

Naming rights and sponsorships

Fifth Third owns corporate

naming rights Naming rights are a financial transaction and form of advertising or memorialization whereby a corporation, person, or other entity purchases the right to name a facility, object, location, program, or event, typically for a defined period of t ...

to the following: *

Fifth Third Field Fifth Third Field is the name or former name of several minor league ballparks. *Fifth Third Field (Toledo, Ohio), a minor league baseball stadium *Fifth Third Field (Dayton, Ohio) Day Air Ballpark, formerly known as Fifth Third Field, is a mino ...

, a

baseball stadium A ballpark, or baseball park, is a type of sports venue where baseball is played. The playing field is divided into the infield, an area whose dimensions are rigidly defined, and the outfield, where dimensions can vary widely from place to pla ...

, home of the

Toledo Mud Hens The Toledo Mud Hens are a Minor League Baseball team of the International League and the Triple-A affiliate of the Detroit Tigers. They are located in Toledo, Ohio, and play their home games at Fifth Third Field. A Mud Hens team has played in ...

, the Triple-A minor league baseball affiliate of the

Detroit Tigers The Detroit Tigers are an American professional baseball team based in Detroit. The Tigers compete in Major League Baseball (MLB) as a member of the American League (AL) Central division. One of the AL's eight charter franchises, the club was f ...

. *

Fifth Third Arena Fifth Third Arena is an indoor arena in Cincinnati, Ohio, United States. The arena opened in 1989 and is located on the campus of the University of Cincinnati. It primarily serves as the home venue for the Cincinnati Bearcats men's basketball, wo ...

, an

indoor arena An arena is a large enclosed platform, often circular or oval-shaped, designed to showcase theatre, musical performances, or sporting events. It is composed of a large open space surrounded on most or all sides by tiered seating for spectators ...

on the campus of the

University of Cincinnati The University of Cincinnati (UC or Cincinnati) is a public research university in Cincinnati, Ohio. Founded in 1819 as Cincinnati College, it is the oldest institution of higher education in Cincinnati and has an annual enrollment of over 44,00 ...

, home of the

Cincinnati Bearcats The Cincinnati Bearcats are the athletic teams that represent the University of Cincinnati. Though they will move to the Big 12 Conference (XII) the teams are currently a part of the American Athletic Conference (The American), which from 1979 ...

Athletics. * Fifth Third Arena, an

Chicago, Illinois (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...

, practice facility of the

Chicago Blackhawks The Chicago Blackhawks (spelled Black Hawks until 1986, and known colloquially as the Hawks) are a professional ice hockey team based in Chicago. The Blackhawks compete in the National Hockey League (NHL) as a member of the Central Division i ...

. *

Fifth Third Bank Stadium Fifth Third Bank Stadium, known as Kennesaw State University Stadium until 2013, is a stadium near Kennesaw, Georgia, that is primarily used as the home for the Kennesaw State Owls football team as well as the KSU women's soccer and women's lac ...

, a

football stadium Football stadium may refer to: * A stadium used in gridiron football, association football or Australian rules football * A soccer-specific stadium Soccer-specific stadium is a term used mainly in the United States and Canada to refer to a sp ...

Kennesaw, Georgia Kennesaw is a suburban city northwest of Atlanta in Cobb County, Georgia, United States, located within the greater Atlanta metropolitan area. Known from its original settlement in the 1830s until 1887 as Big Shanty, it became Kennesaw under its ...

, home of the

Kennesaw State Owls The Kennesaw State Owls fields 17 varsity athletics teams, competing for Kennesaw State University. After spending ten years in Division II's Peach Belt Conference, the university fully transitioned to Division I status in the National Collegi ...

Athletics. Fifth Third Bank is a sponsor of: *

Cincinnati Bengals The Cincinnati Bengals are a professional American football team based in Cincinnati. The Bengals compete in the National Football League (NFL) as a member club of the league's American Football Conference (AFC) AFC North, North division. The c ...

– Official Bank of the Cincinnati Bengals. *

Nashville Predators The Nashville Predators (commonly referred to as the Preds) are a professional ice hockey team based in Nashville, Tennessee. They compete in the National Hockey League (NHL) as a member of the Central Division in the Western Conference, and ha ...

– Official Bank of the Nashville Predators. *

– Official Partner of the Chicago Blackhawks. *

Tampa Bay Buccaneers The Tampa Bay Buccaneers are a professional American football team based in Tampa, Florida. The Buccaneers compete in the National Football League (NFL) as a member club of the league's National Football Conference (NFC) NFC South, South divisio ...

– Official Bank of the Tampa Bay Buccaneers. *

Los Angeles Lakers The Los Angeles Lakers are an American professional basketball team based in Los Angeles. The Lakers compete in the National Basketball Association (NBA) as a member of the league's Western Conference Pacific Division. The Lakers play their ...

– Official Partner of the Los Angeles Lakers. *

Kennesaw State University Kennesaw State University (KSU) is a public research university located in the state of Georgia with two different campuses in the Atlanta metropolitan area, one in Kennesaw and the other in Marietta on a combined of land. The school was fou ...

– Official Bank of the Kennesaw State Athletics. *

– Official Partner of the University of Cincinnati. *

University of Dayton The University of Dayton (UD) is a private, Catholic research university in Dayton, Ohio. Founded in 1850 by the Society of Mary, it is one of three Marianist universities in the nation and the second-largest private university in Ohio. The univ ...

– Official Bank of the University of Dayton. *

– Official Bank of the Toledo Mud Hens. *

Columbus Zoo The Columbus Zoo and Aquarium is a non-profit zoo located near Powell in Liberty Township, Delaware County, Ohio, United States, north of the city of Columbus. The land lies along the eastern banks of the O'Shaughnessy Reservoir on the Sciot ...

– Official Bank of the Columbus Zoo. *

Gary SouthShore RailCats The Gary SouthShore RailCats are a professional baseball team based in Gary, Indiana, in the United States. The RailCats are members of the American Association of Professional Baseball, an official Partner League of Major League Baseball. The Rai ...

– Official Bank of the Gary SouthShore RailCats. * RFK Racing – Primary Sponsor of the No. 17

Ford Mustang GT The Ford Mustang is a series of American automobiles manufactured by Ford. In continuous production since 1964, the Mustang is currently the longest-produced Ford car nameplate. Currently in its sixth generation, it is the fifth-best selli ...

for

Chris Buescher Christopher William Buescher (born October 29, 1992) is an American professional stock car racing driver. He competes full-time in the NASCAR Cup Series, driving the No. 17 Ford Mustang for RFK Racing. He is the 2012 ARCA Racing Series and 2015 ...

in the

NASCAR Cup Series The NASCAR Cup Series is the top racing series of the National Association for Stock Car Auto Racing (NASCAR). The series began in 1949 as the Strictly Stock Division, and from 1950 to 1970 it was known as the Grand National Division. In 1971, ...

References

External links

* {{Authority control Banks based in Ohio Cincinnati 1858 establishments in Ohio Companies based in Cincinnati American companies established in 1858 Banks established in 1858 Companies listed on the Nasdaq Economy of the Midwestern United States Economy of the Southeastern United States Online brokerages Primary dealers Subprime mortgage lenders Systemically important financial institutions Investment banks in the United States Mortgage lenders of the United States Rogue trading banks

History

Bank of the Ohio Valley

Merger of Third National Bank and Fifth National Bank

Current day operations

Notable corporate buildings

Naming rights and sponsorships

See also

References

External links